Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Pence…
‘Magnificent Seven’ stocks have shed more than $1.2 trillion in value since the market’s July peak
By Press Room
1 Mins read
The so-called “Magnificent Seven” megacap technology stocks that have powered practically all of this year’s rally in the S&P 500 have seen…
By Chris Wack Duke Energy will break ground in the near future in DeBary, Fla., on a demonstration project to successfully create…
© Reuters. Bernstein says S&P 500 is trading 23% above its ‘fair value’ Bernstein strategists expressed the view that U.S. stocks may…
Despite appallingly incorrect forecasts of an imminent recession for the last year and half, one will arrive. Well eventually one will. It’s…
Abercrombie & Fitch facilitated ex-CEO’s sexual exploitation of men, lawsuit claims
By Press Room
3 Mins read
Dozens of men have filed a class action lawsuit alleging Abercrombie & Fitch was complicit in a decade-long sex trafficking scheme carried out…
Kraken will provide user data to the IRS after a legal battle over crypto tax reporting. Image by Michael O’Keene, Adobe Stock.Major…
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Iranian…
A major source of liquidity for buying U.S. government debt is draining. Here’s why that’s bad news for the Fed and the market.
By Press Room
2 Mins read
A Federal Reserve repo facility is back in focus as a gauge of liquidity as U.S. stocks stumble and investors brace for…